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Fincash » Mutual Funds » IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage (ELSS) Fund - G

NAV  ₹136.135 ↓ -0.79  (-0.57 %) as on 21 Feb 24

Scheme Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 18.8% since its launch.  Ranked 3 in ELSS category.  Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

NAV as on 21 Feb 24₹136.135 ↓ -0.79  (-0.57 %)
Net Assets (AUM) as on 31 Jan 2024 ₹5,976 Cr.
Launch Date26 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDFC Asset Management Company Limited
Alpha Ratio4.52
Expense Ratio1.95 %
Sharpe Ratio2.228
Information Ratio0.82
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Feb 24

DurationReturns
1 Month 3%
3 Month 12.9%
6 Month 16.8%
1 Year 35.6%
3 Year 22.2%
5 Year 21.8%
10 Year
15 Year
Since launch 18.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 28.3%
2022 4.2%
2021 49.2%
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,783
31 Jan 21₹12,703
31 Jan 22₹18,944
31 Jan 23₹19,195
31 Jan 24₹25,779
IDFC Tax Advantage (ELSS) Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.64%
Equity95.36%
IDFC Tax Advantage (ELSS) Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services28.25%
Consumer Cyclical12.95%
Industrials11%
Technology8.99%
Basic Materials8.86%
Consumer Defensive7.81%
Health Care6.65%
Energy4.72%
Communication Services2.92%
Utility2.58%
Real Estate0.63%
IDFC Tax Advantage (ELSS) Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
Banks - Regional7%₹376 Cr2,200,000
↑ 300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
Banks - Regional6%₹339 Cr3,400,000
↓ -400,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹271 Cr1,050,000
↑ 50,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | AXISBANK
Banks - Regional4%₹243 Cr2,200,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services4%₹216 Cr1,400,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
Auto Manufacturers3%₹179 Cr2,300,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
Banks - Regional3%₹148 Cr2,300,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
Telecom Services2%₹132 Cr1,275,000
NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | NTPC
Utilities - Regulated Electric2%₹124 Cr4,000,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 21 | TCS
Information Technology Services2%₹122 Cr321,877
↓ -3,123
1 - 10 of 65
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Fund Managers

NameSinceTenure
Daylynn Pinto20 Oct 167.29 Yr.
Ritika Behera7 Oct 230.32 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Bandhan Asset Management Company LimitedBandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Tax Advantage (ELSS) Fund
Growth
₹136.135
↓ -0.79
16.75 %35.63 %22.21 %21.76 %
IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout
₹33.975
↓ -0.20
16.75 %28.24 %19.79 %20.23 %
Data as on 21 Feb 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.